The home was unchanged since its last sale, so a renovation wasn’t the reason why the residence flew above vendor expectations.
A stunning Victorian-era family home in Hawthorn has sold under the hammer for $7.4 million at auction on Saturday, a $2.55 million increase since it last traded three years earlier.
On a 768-square-metre block, the single-storey home is surrounded by a stylish garden, and features a pool that runs down its side and a garage at its rear.Its interior features include a kitchen with a butler’s pantry and multiple fireplaces. The home has four bedrooms and two bathrooms. A vendor bid at the bottom of the price range at $3 million started the auction on Saturday. Two bidders - both young families - contested the auction with initial bids of $50,000 and $25,000. $10,000 bids were made near the end.
Elsewhere, a five-bedroom home in Westmeadows, with a his-and-hers garage, sold for $1.63 million to a local family, but only after a marathon post-auction negotiation., passed in on a single vendor bid of $1.6 million, at the bottom of the $1.6 million to $1.7 million guide.
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